Bank of England hikes to 4%, sterling unable to sustain rise
The Bank of England raised its key rate to 4%, with sterling nearly unchanged on the day. The dollar was mixed, and U.S. futures were mixed as chip stocks…
Early FX prices for 19 October 2026 show EUR/USD lower, US equities soft over the weekend, and New Zealand the only market active.
Initial foreign-exchange pricing signals for Monday are out; US equities have been trading softly over the weekend so far. A weekend-news update will follow shortly.
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The Bank of England raised its key rate to 4%, with sterling nearly unchanged on the day. The dollar was mixed, and U.S. futures were mixed as chip stocks…
EUR/USD option expiries at 1.1250 and 1.1275 could cap price action on Tuesday.
PBOC set USD/CNY reference rate at 6.7156 vs 6.6783 estimate, and repo operations resulted in net 609.5 billion yuan withdrawal.
NZDUSD held above 0.5579 support after weak NZ jobs data, but the rebound stalled at the 200-hour moving average, leaving the pair in a technical standoff.